Investment products linked to digital assets recorded $1.2 billion in inflows, extending a streak of four consecutive positive weeks. CoinShares attributed the inflows to improving institutional interest, supported by Bitcoin reaching its highest level since early February.
Still, market participants are exercising caution ahead of the Federal Open Market Committee meeting on April 28–29. Total assets under management rose to $155 billion, the highest level since February 1, but remain well below the $263 billion peak seen in October 2025.
Four-Week Inflow Streak
CoinShares’ Digital Asset Fund Flows Weekly Report showed Bitcoin drew $933 million in inflows last week, bringing its year-to-date total to $4.0 billion. Short-Bitcoin products added $16.5 million, close to the prior month’s average and suggesting steady — rather than heightened — hedging activity.
Ethereum brought in $192 million over the past week, marking its third consecutive week above $190 million. Solana and XRP recorded inflows of $31.8 million and $25 million, respectively, while Chainlink added $6.8 million during the same period. Litecoin and Sui posted smaller inflows of $0.5 million and $0.4 million.
Blockchain equity ETFs also attracted significant attention, drawing $617 million over the past three weeks and hitting record weekly inflow levels. This reflects increased investor interest in gaining exposure to the broader technology and digital asset sector in recent weeks.
Regionally, the United States led activity with $1.1 billion in inflows. Germany followed with $61.7 million, more than double the previous week’s total. Switzerland reversed course after prior outflows, posting $35.2 million in inflows following a week that saw $138 million of net redemptions. Canada added $15 million, indicating broader geographic participation compared with recent weeks.
Smaller additions were reported in Australia and Brazil, at $0.8 million and $0.5 million respectively. At the same time, modest outflows occurred in several markets, including Hong Kong, France, the Netherlands, Italy, and Sweden, signaling mixed sentiment outside the leading regions.
Geopolitical Pressure
Despite persistent inflows, QCP Capital highlighted that geopolitical developments are shaping the crypto market’s near-term path.
Bitcoin and Ethereum initially pushed higher, but some of those gains were quickly reversed as new geopolitical concerns emerged. Nevertheless, Bitcoin is up more than 15% this month, buoyed by steady ETF demand and continued accumulation by investors.
QCP noted that a move above $82,000 would be important to unlock further upside, with a CME gap near that level. Market positioning remains cautious and negative funding rates leave room for the possibility of a short squeeze. Upcoming corporate earnings, inflation figures, and the FOMC decision are expected to be key drivers of price direction in the near term.